Compared to the rest of the Salt Lake City market, the Liberty Wells submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 28 listings have come on the market, which means new availabilities might be going fast. You'll want to be prepared to make an offer immediately. About 7% of the available space in the Liberty Wells are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,200 sqft. Most properties in this area are around 3 stories. Most buildings in this market were built in 1963 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this market. Most of the occupants of Liberty Wells work from home. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in Liberty Wells.
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